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Property profile & analytics
OFF-MARKET
Estimated value
$2,015,000
Retail space
1643 Lincoln E Hwy Lancaster, PA 17602-2679
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-2799693
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,752 SF
Lot
2 ac (87,120 SF)
Zoning code
C-2
APN
310-54236-0-0000
UPID
US73-2799693
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Las Animas Mexican Store Grocery & Convenience Store Food Market
-
Wells Fargo Bank Atm Bank
-
Wells Fargo ATM Atm
-
Wells Fargo Advisors Financial Advisor
-
Little Caesars Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.02M
Owner & transaction history
Dealbrook LLC · 11 yrs held
Dealbrook LLC
since 2015
5 recorded transactions
Zoning & alternative use
C-2 · Lancaster, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.1M
+58.5%
Restaurant
$2.5M
+26.2%
Medical building
$2.5M
+23.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,110,000
6.5%
$1,945,000
7%
$1,810,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,985,000
Current use
COMMERCIAL (GENERAL)
$3,145,000
Change: +58% · Conversion: Easy
RESTAURANT
$2,505,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$2,450,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,885,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,650,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$2.02M
Range $1.81M – $2.22M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$187 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$30,194
Tax year 2024
Assessed value
$1,491,400
Assessed 2024
Previous assessed
$1,491,400
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$560,000
Assessed improvement
$931,400
Land market value
$560,000
Improvement market value
$931,400
Total market value
$1,491,400
Applied tax rate
310.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
10,752 SF
Lot
2 ac (87,120 SF)
Zoning code
C-2
APN
310-54236-0-0000
UPID
US73-2799693
Jurisdiction
LANCASTER
Zoning & alternative use
C-2 · Lancaster, PA
Zoning C-2 · permitted uses
C-2 · Lancaster, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.1M
RESTAURANT
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
2 ac
Current owner
From public records · entity-resolved
Dealbrook LLC
Entity
Mailing address
1195 HWY 70TH STE #2000, LAKEWOOD, NJ 08701-6100
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2022
—
Dealbrook LLC
—
Deed
related
$32,500,000 · Oceanfirst Bank
Feb 11, 2015
$4,509,358
Dealbrook LLC
Bridgeport Partners LP
Deed
$221,800,000 · American General Life Insurance Co
Jul 21, 2008
$3,500,000
Bridgeport Partners
Herr,dennis D
Grant Deed
$4,250,000 · Union National Community Bank
Jun 23, 2008
—
Dennis D
Dab Ents
Grant Deed
—
—
—
Bridgeport Partners LP
—
Deed Of Trust
related
$3,999,059 · Union Community Bank Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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